The business's revenue for the quarter was up 15.0% compared to the same quarter last year. equities research analysts anticipate that Activision will post 2.52 EPS for the current year. (NASDAQ:ATVI). Hsbc Pcl has 773,978 shs for 0.07% of their capital. (NASDAQ:ATVI) shares. $5.41 million worth of Activision Blizzard, Inc. Commonwealth Of Pennsylvania School Empls Retrmt invested in 67,631 shares or 0.06% of the stock. While Activision themselves have not yet made any official statement behind this, the truth is that the company made this move with Destiny 2. Cap Intll Investors reported 0.1% stake. Shine Invest Advisory Svcs stated it has 0.07% of its portfolio in Activision Blizzard, Inc. The company reported $0.94 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.92 by $0.02. Schroder Investment Management Grp holds 0.28% or 2.66M shares. 533,610 were reported by Great West Life Assurance Can. Hightower Advisors Ltd Llc invested in 36,704 shares or 0.02% of the stock. Warren Averett Asset Management Ltd has 0% invested in Activision Blizzard, Inc.
Since February 16, 2018, it had 0 buys, and 7 selling transactions for $157.83 million activity. Security accumulated 1,500 shares. MORGADO ROBERT J sold $1.42 million worth of stock. CORTI ROBERT J sold $6.15 million worth of Activision Blizzard, Inc.
In related news, CEO Riccardo Zacconi sold 19,761 shares of the firm's stock in a transaction dated Tuesday, February 20th. Wereb Stephen G sold $8.72 million worth of stock.
Stifel Nicolaus now has a $77.0000 target on the $53.44B market cap company or 9.68 % upside potential. Five analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the stock. Therefore 67% are positive. Activision Blizzard boasted 374 million monthly active users, out of which Activision claims 51 million while 38 million are attributed to Blizzard. $76.69's average target is 9.62% above currents $69.96 stock price.
As for the mix-up with the initially posted earnings and the stock stumbling after being noticed, other companies such as Take-Two and Electronic Arts also suffered a drop, although a quick apology was issued by Dow Jones and the stocks surged back to a new high. The firm has "Outperform" rating by RBC Capital Markets given on Friday, November 13. The rating was maintained by Goldman Sachs on Wednesday, December 20 with "Buy". The firm earned "Buy" rating on Tuesday, September 6 by Mizuho. Jefferies maintained Activision Blizzard, Inc. The firm has "Buy" rating by Piper Jaffray given on Friday, November 3.
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ATVI stock traded up $3.02 during midday trading on Thursday, reaching $69.84. As per Friday, May 4, the company rating was maintained by Credit Suisse. Mizuho maintained Activision Blizzard, Inc. Stanley holds 1.4% or 102,416 shares. Wedbush set a $81.00 price objective on Activision and gave the company a "buy" rating in a research note on Friday, February 9th. Mizuho maintained the shares of ATVI in report on Wednesday, August 5 with "Buy" rating. Schroder Investment Management Group now owns 2,659,241 shares of the company's stock valued at $168,383,000 after purchasing an additional 1,390,105 shares in the last quarter. Volume is simply the number of shares or contracts that trade over a given period of time, usually a day. North Carolina-based Willingdon Wealth Mgmt has invested 0.02% in Activision Blizzard, Inc. It has outperformed by 22.91% the S&P500.
Activision Blizzard, Inc. develops and publishes games for video game consoles, personal computers, mobile devices, and online social platforms. The company has the market capitalization of $180.58 Billion. UBS maintained Activision Blizzard, Inc.
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Activision Blizzard, Inc. (NASDAQ:ATVI)'s P/E is 58.64. (ATVI), Arista Networks Inc (ANET) and Twitter Inc (TWTR)" with publication date: "May 04, 2018.